President of Iceland

President of Iceland Forseti Íslands
Presidential coat of arms
Presidential Standard
Incumbent Halla Tómasdóttir since 1 August 2024
Office of the President
Member of	State Council of Iceland
Residence	Bessastaðir
Seat	Garðabær, Capital Region
Term length	Four years Renewable indefinitely as long as the incumbent wins presidential elections or is uncontested.
Constituting instrument	Constitution of Iceland
Precursor	King of Iceland
Inaugural holder	Sveinn Björnsson
Formation	17 June 1944
Succession	Collective President of the Parliament, Prime Minister and President of the Supreme Court.
Salary	€289,000 annual[1] (2017)
Website	english.forseti.is (in English) forseti.is (in Icelandic)

The President of Iceland (Icelandic: Forseti Íslands) is the head of state of Iceland. The incumbent is Halla Tómasdóttir, who became president in 2024.

The president is elected to a four-year term by popular vote, is not term-limited, and has limited powers. The presidential residence is in Bessastaðir in Garðabær, near the capital city Reykjavík.

1. ↑ "Iceland's president turns down a monthly pay increase of 5,300 USD".